PS5 games have been $59 at the high end for a long time for the standard version of titles. .....more for "deluxe", "collectors editions", etc. The sky is the limit in that respect.
With the release of the next gen consoles, software prices have finally been raised in some instances to $69 for entry level. We'll have to see what the industry does in that respect as some are still releasing titles @ $59, etc.
Now, that's titles at the release prices. Sale prices will vary wildly. I often pick up games I'm not particularly anxious about for significantly less than what it might have released at if I wait a bit. .....sometimes just a month or two after the release date.
PSN also gives away 2 "free" games a month with the PS+ subscription. Some of them are what I might consider weak but they do give away some pretty cool games as well.
Console genres extend beyond FPS games but then again, not trying to convince you console is right for you if you already have a fixed mindset about it.